Dynasty Financial Partners, the US wealth management firm, has partnered with Envestnet to build a wealth management platform that specifically targets investment advisors with large and sophisticated clients.

The new platform, set for release in early 2012, merges research from Callan Associates, Dynasty's affiliate, with Envestnet's financial technology in a way that incorporates an economic-scenario asset allocation model into the needs of investors with substantial assets, the firms said. From their desktops, Dynasty advisors will be able to generate proposals tailored to each client's situation and objectives. 

"Today, state-of-the-art lies in what nimble, smart, independent firms can achieve. We think this initiative is a great example of best-in-class capability in the new industry landscape," commented Todd Thomson, chairman of Dynasty Financial.

Envestnet has over $127 billion in total assets and some 909,000 investor accounts worldwide.